Financial ResultsPension Plans

Despite ongoing volatility, financial positions of DB plans improve in Q1 2022

TORONTO, ON–Notwithstanding the heightened volatility of the financial markets, which has been exacerbated by the unprovoked attack by the Russian Government against the people of Ukraine, the financial position of most defined benefit (DB) pension plans improved during the first quarter of 2022. Along this path, the Mercer Pension Health …

Financial AdvisoryFinancial Results

KPMG announces strong FY19 global revenue growth

Global revenues increase by 6.2% to reach record of US$29.75bn as multi-year collective strategy implementation continues at pace LONDON, England–KPMG has record revenues of $29.75 billion for the fiscal year ending 30 September 2019 (FY19), representing a 6.2% increase in local currency terms on FY18. Revenue growth driven by solid …

Business BankingFinancial ResultsIndustry News

Desjardins Group records surplus earnings of $570 million for the third quarter

$106 million returned to members and the community LÉVIS, QC–For the quarter ended September 30, 2019, Desjardins Group, Canada’s leading financial cooperative group, recorded surplus earnings before member dividends of $570 million, unchanged from the same quarter of 2018. These results were driven by a strong performance in the caisse …

Equipment FinanceFinancial Results

Chesswood Announces Results for the Third Quarter 2019

TORONTO, ON–Chesswood Group Limited announced results for the third quarter and nine-months ended September 30, 2019. Through three wholly-owned subsidiaries in the U.S. and Canada, Chesswood Group Limited is North America’s only publicly-traded commercial equipment finance company focused on small and medium-sized businesses. The third quarter was an exceptionally busy …

Financial ResultsIndustry News

TMX Group shares Equity Financing Statistics for October

TORONTO, ON–TMX Group announced its financing activity on Toronto Stock Exchange (TSX) and TSX Venture Exchange (TSXV) for October 2019. TSX welcomed eight new issuers in October 2019, compared with 14 in both the previous month and in October 2018. The new listings were four exchange traded funds, two mining …

Financial ResultsRetail

IKEA Canada grows sales by 6.1 per cent to $2.53 billion

Company continues to transform its business; retailer announces plans to expand and introduce new concepts in Toronto’s city centre BURLINGTON, ON–IKEA Canada announced sales of $2.53 billion for the financial year ending August 31, 2019, an increase of 6.1 per cent on the previous year. Detailed in the company’s 2019 …